Electric Vehicle Sales Plummet in Europe: A Wake-Up Call?
New car sales in the European Union took a nosedive in August, dropping by 18.3% to their lowest levels in three years. The decline was particularly steep for electric vehicles (EVs), with sales plunging by 43.9%. This marks the fourth…
EV Batteries Now Lasting Longer Than Ever – Here’s What You Need to Know
In a groundbreaking update to their 2019 analysis, Geotab has revealed that electric vehicle (EV) batteries are degrading at an average rate of 1.8% per year, down from 2.3% in 2019. This significant improvement means that EV batteries could last…
Tesla Expands Supercharger Network with New Location in Rockaway, NJ
Tesla continues to grow its charging infrastructure, announcing a new Supercharger station in Rockaway, New Jersey. The news was shared by the Tesla Charging account on X (formerly Twitter). Location Details The new Supercharger is situated on Green Pond Road…
Chinese EV Brand Omoda Sets Sights on UK Market, Challenging Tesla and Others
Chinese brand Omoda is making waves in the UK with an aggressive expansion plan, aiming to have 100 dealers by the end of the year. This rapid growth, from zero dealers at the start of the year, is part of…
Stellantis Faces Uphill Battle in Europe’s EV Market
Stellantis, the automotive giant born from the merger of FCA and PSA, is grappling with some serious challenges in the European market. Regulators are pushing for more electric vehicle (EV) sales, but governments are cutting back on incentives, making it…
China’s EV Trade Tussle: A Rocky Road Ahead in Europe
China’s top trade official, Wang Wentao, is on a mission to sway EU trade boss Valdis Dombrovskis and prevent hefty duties on Chinese electric vehicle (EV) imports. However, his whistle-stop tour of European capitals might hit a roadblock in Brussels,…
Italy’s Prime Minister Slams EU’s 2035 Ban on Fossil Fuel Cars
Italy’s Prime Minister, Giorgia Meloni, has criticized the EU’s ban on the sale of new fossil fuel-powered car engines after 2035, calling it a “self-destructive” policy. In her address to the Italian industrial association Confindustria, Meloni argued that the “forced…
Biden Admin Clarifies Tax Credits for EV Chargers
The Biden administration is making moves to clear up how homeowners and businesses can get their hands on some serious tax credits for installing electric vehicle (EV) chargers. The Treasury Department proposed a new rule on Wednesday that could make…
AM Radio Mandate Could Impact EV Manufacturers
The House Energy and Commerce Committee has approved a bill requiring new cars to include AM radio, a move that could significantly impact electric vehicle (EV) manufacturers. The bill, titled the AM for Every Vehicle Act, passed the committee with…
GM EV Owners Finally Get Access to Tesla Superchargers
In a big win for electric vehicle (EV) owners, General Motors (GM) and Tesla have teamed up to open over 17,800 Superchargers in the U.S. and Canada to owners of Chevy, GMC, and Cadillac EVs. This move gives GM EV…
Ford May Inadvertently Fund Tesla’s AI Infrastructure Growth
Morgan Stanley’s Adam Jonas has released a new note on Tesla, suggesting an unexpected twist in the EV industry’s emission reduction efforts. Ford’s ZEV credit purchases could potentially finance Tesla’s AI datacenter expansion, raising questions about the irony of carbon…
Bosch CEO Sees Little Growth in Car Market, EV Slowdown Ahead
German auto supplier Bosch’s CEO, Stefan Hartung, expects minimal growth in global car and commercial vehicle markets this year and next, according to a recent interview with Reuters. Hartung noted that the demand for cars is lower than the industry…
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